JOURNAL ARTICLE

Electric Vehicle Sales Boom as Ethiopia Bans Fossil-Fuel Car Imports.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Tadesse, Fasika; Rathi, Akshat 3 of 3

Abstract

The article focuses on Ethiopia's transition to electric vehicles (EVs) following a government ban on fossil fuel-powered cars in 2024, driven by fiscal pressures rather than climate goals. The ban has led to a significant increase in EV adoption, rising from less than 1% to nearly 6% of all vehicles on the road, aided by reduced tariffs on EV imports. The Ethiopian government aims to enhance energy sovereignty and reduce reliance on fuel imports, supported by investments in electricity infrastructure, including the Grand Ethiopian Renaissance Dam. Despite challenges such as limited charging infrastructure and low overall vehicle ownership, the government plans to expand EV assembly plants and aims for 500,000 EVs by 2032. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Science
  • Publication Date:2026
  • Accession Number:191668839
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